Defence Stock Jumps 6% as Company Secures Arms Manufacturing Licence for Advanced Cannons from the Government of India

DSIJ Intelligence/ 17 Apr 2026 /Categories: Mindshare, Trending

Defence Stock Jumps 6% as Company Secures Arms Manufacturing Licence for Advanced Cannons from the Government of India

Zen Technologies receives Indian arms licence to manufacture 12.7mm-40mm cannons for air defence, naval and counter-drone roles

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On Friday, Indian markets closed on a positive note, with the Nifty 50 rising 0.65 per cent to 24,353.55, up 156.80 points from the previous close of 24,196.75. Amid this, Zen Technologies share price closed at Rs 1,616.50, up 6.05 per cent from the previous close of Rs 1,524.

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The stock movement follows the company’s announcement of receiving an arms manufacturing licence from the Government of India.

Zen Technologies Receives Arms Manufacturing Licence

Zen Technologies has received an arms manufacturing licence under the Arms Act, 1959, authorising the company to manufacture 12.7mm, 23mm, 30mm and 40mm cannons.

These systems are designed for applications in air Defence, naval operations, and Counter-Unmanned Aircraft Systems (C-UAS), addressing evolving threats such as drones, loitering munitions, and low-flying aerial targets.

The company stated that when integrated with advanced fire-control systems, radar, and electro-optical/infrared (EO/IR) sensors, these cannons can provide responsive and cost-effective protection for critical infrastructure, border areas, and strategic assets.

Strategic Significance

The licence marks a step forward in expanding the company’s role in India’s indigenous defence manufacturing ecosystem under the IDDM framework.

With increasing global focus on drone warfare and asymmetric threats, the company aims to position these systems as last-layer defence solutions tailored to India’s operational requirements.

About Zen Technologies

Zen Technologies Ltd is a defence technology company engaged in the design, development, and manufacturing of defence training systems and anti-drone solutions. The company operates dedicated R&D facilities recognised by the Ministry of Science and Technology and has an in-house production setup in Hyderabad.

With over three decades of experience, the company has supplied thousands of training systems globally and continues to expand its portfolio to address evolving defence requirements, including solutions for the Ministry of Defence and Ministry of Home Affairs. The company has a market capitalisation of Rs 14,682 crore.